1. 10. Mr. Rankine bought a piece of property for P100,000.00 down payment and 10 deferred semiannual payments of P8,000.00 starting 3 years from now. If the interest rate is 12% compounded semiannually, what is the present worth of the property? . How much money must you deposit today to an account earnng 12% so that you can withdraw P25,000 yearly indefinitely starling at the end of the 10th year? . What amount would have to be invested at the end of each year for the next 8 years at 4% compounded semiannually in order to have P5,000 at the end of time? . How much must be deposited at 6% each year beginning on January 1, year 1, in order to accumulate P5,000 on the date of the last deposit, January 1, year 6? . Find the present value in pesos of a perpetuity of P15,000 payable serni annually if money is worth 8%, compounded quarterly? A house and lot can be acquired at a down payment of P500,000 and a yearly payment of P100,000 at the end of each year for a period of 10 years, sterling at the end of 5 years from the date of purchase. If money is worth 14% compounded annually, what is the cash price of the property? A series of year and payments extending over eight years are as follows: Pl0,000 for the first year, P20,000 for the second year, P50,000 for the third year, and 340,000 for each year from the fourth through the 81 year. Find the equivalent annual worth of these payments if the annual interest is 3%. A certain manufacturing plant is being sold and was submitted for bidding. Two bids were submitted by interested buyers. The rst bid offered to pay P200,00 each year for 5 years, each payment being made at the beginning of each year. The second bidder offered to pay P120,000 the rst year,P100,000 the second year and P2?0,000 each year for the next 3 years, all payments being made at the beginning of each year. If money is worth 12% compounded annually, which bid should owner of the plant accept? HOW much money must you deposit today to an account earning 9% so that you can withdraw P45,000 yearly indenitely starting at the end of the 14*f year? Pi group of lCivil Engineers formed a corporation and the opportunity to invest P8,000,000 in either of the two situations. The first is to expand a domestic operation. It is esb'mated that this inveshnent would return a net year end cash ow of P2,000,000 each year for 10 years and at the end of that time the physical assets, which would no longer be needed, could be sold for P5,000,000 . The alternative opportunity would involve building and operating a plant in a foreign country. This operation would